Overview
- The state's Economic Investment Committee approved the delay, making 2027 the first year Apple must meet hiring and investment milestones.
- A recent budget provision allows transformative grants to restart for employers with at least 1,000 in-state workers who have received no incentive payments.
- The reset preserves eligibility for up to $845 million in incentives contingent on job creation and capital spending.
- Apple has not broken ground on the RTP campus and currently houses about 600 local employees in leased offices.
- The original 2021 agreement outlined roughly $1 billion in North Carolina investment, and Apple has announced no new financial pledge beyond the revised timeline.